CME

In response to feedback from the National Cattlemen’s Beef Association and independent studies by Informa Economics, CME Group Friday announced what it calls enhancements to the live cattle futures market.  For starters, CME Group will add a seasonal discount of $1.50 per hun...

The Purdue University/CME Group Ag Economy Barometer, which measures the overall health of the nation’s agriculture economy, turned higher last month.  With an index reading of 104, June’s figure is a seven-point increase over May’s report.   June marked the third mo...

Starting in September, CME Group will launch European Union Wheat futures and options.  CME Group is the owner of the Chicago Board of Trade and announced the new EU Wheat futures this week.   CME Group’s Tim Andriesen said the new EU Wheat futures further positions the CME Globex trading platform as the global destination for wheat trading and risk management.  Each contract...

According to the latest Agriculture Economy Barometer by Purdue University and CME Group, farmers are growing more pessimistic regarding the overall agriculture economy.  After a surge in producer sentiment in April, spurred in part by a favorable swing in commodity prices, producer sentiment settled lower in May at a value of 97.  Th...